Charges added to Oakland woman in fraud case involving Vallejo bank

A federal grand jury added new charges this week to an Oakland woman involved in an ongoing fraud case that targeted banks in Vallejo and other areas.

Tiffany Tung, 24, was charged with conspiracy to commit bank fraud, bank fraud and aggravated identity theft, adding her to a case that also includes Deshawn A. Ray, 40, of Vallejo, and Reginald L. Thomas and Damion E. Edgerson.

Court documents said Ray and Thomas defrauded banks between 2008 and 2010 by identifying high-value accounts at various banks, then opening up joint accounts with the high-value account holders.

The pair then allegedly transferred funds from the high-value account to the joint account and, ultimately, to their own accounts, according to a Department of Justice statement released Thursday.

The proceeds of the alleged scam were then withdrawn in cash, cashiers' checks or wire transfers. According to the latest superseding indictment, Tung allegedly used her job as a bank taller to facilitate the fraudulent transfers. She then allegedly got money after the fraudulent transactions were completed, the statement said.

Edgerson previously pleaded guilty in February and was sentenced to 18 months in prison. Ray and Thomas are scheduled to appear in court in April.